- Drilling confirms Bua Channel as a high-grade, rutile dominant, sand-hosted, channel placer deposit,within the emerging Malawi Rutile Province.
- Air-core drilling results extend confirmed rutile mineralisation to over 5km length
- The Bua Channel is geologically well defined over a total length of ~50km. Planning for a drilling program to test the remaining +40km length of the channel is well advanced.
- First phase air-core results with 17 holes received to date from a total 54 holes. Results include;
- 8m @ 0.88 % rutile, 1.5% ilmenite & 0.08% zircon (from surface)
inc. 5m @ 1.02% rutile, 1.7% ilmenite & 0.09% zircon (from 3m)
- 7m @ 0.85% rutile, 1.4% ilmenite & 0.08% zircon (from surface)
inc. 3m @ 0.96% rutile, 1.6% ilmenite & 0.08% zircon (from 4m)
- 8m @ 0.79% rutile, 1.3% ilmenite & 0.07% zircon (from surface)
inc. 3m @ 0.92% rutile, 1.5% ilmenite & 0.08% zircon (from 5m)
- QEMSCAN mineralogy has characterised the ilmenite as high quality with TiO2 content of ~60% indicating it may be suitable as a chloride feedstock potentially adding significant value to the overall mineral assemblage
- A large number of drilling samples remain to be reported from the new Kasiya saprolite-hosted rutile discovery, the Bua Channel discovery and additional new regional prospects...................
http://www.investi.com.au/api/announcements/svm/650c7f72-049.pdf
- Forums
- ASX - By Stock
- SVM
- receives high-grade rutile from Bua Channel
SVM
sovereign metals limited
Add to My Watchlist
2.08%
!
70.5¢

receives high-grade rutile from Bua Channel, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
70.5¢ |
Change
-0.015(2.08%) |
Mkt cap ! $456.0M |
Open | High | Low | Value | Volume |
71.0¢ | 71.5¢ | 69.5¢ | $103.7K | 147.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 45388 | 69.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.5¢ | 12431 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.695 |
3 | 29725 | 0.690 |
5 | 91500 | 0.680 |
9 | 123170 | 0.670 |
2 | 14300 | 0.665 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 48284 | 4 |
0.715 | 30000 | 2 |
0.720 | 48776 | 3 |
0.725 | 1500 | 1 |
0.745 | 50000 | 1 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
Featured News
SVM (ASX) Chart |
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online